Property, Real Estate, and Community Association Managers

General Information

Description

Plan, direct, or coordinate the selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties. Includes managers of homeowner and condominium associations, rented or leased housing units, buildings, or land (including rights-of-way).

Workplace at a Glance

What you can expect to experience while on the job

  • Responsibility
  • Exposure to job hazards
  • Physical activity
  • Decision making
  • Repetitiveness
  • Level of competition
  • Time pressure

Industry areas

  • Real Estate
  • Local Government, excluding schools and hospitals (OES Designation)
  • Business, Professional, Labor, Political, and Similar Organizations

Job Outlook

Employment of property, real estate, and community association managers is projected to grow 11 percent from 2016 to 2026, faster than the average for all occupations. Employment growth may result from more people living in the types of buildings that property management companies operate, such as apartment buildings, condominiums, cooperatives, planned communities, and senior housing.   Growth in the single-family housing market also may have a positive influence on demand, as some new housing developments will require property managers to oversee jointly owned common areas, such as pools, gyms, and business centers and to enforce homeowner association laws.

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Salary

State-by-state Salary

Gray states indicate no data available

$94,330
$32,440
No Information for this section

Education

Most Common Education Levels

People in this career achieve this level of education.

  • Bachelor's degree 48%
  • High school 12%
  • Some college 12%
  • Associate's degree 12%
  • Post-secondary certificate 8%
  • Master's degree 4%
  • Post baccalaureate 4%
  • Doctoral degree 0%
  • Less than high school 0%
  • Post-doctoral training 0%
  • Post-master's certificate 0%
  • First professional degree 0%

Related College Majors

Select major to see colleges that offer it

Knowledge

  • Customer and Personal Service
  • Clerical
  • Administration and Management
  • Economics and Accounting
  • English Language

Skills at a Glance

Skills helpful in this career

  • Verbal skills
  • Critical thinking & problem solving
  • Equipment operation & maintenance
  • Math & science skills
  • Technology design & control
  • Leadership
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